Healthcare Providers and Services
Company Overview of Concentra, Inc.
Concentra, Inc., a health care company, focuses on improving the health of workforce in the United States. The company provides occupation health plans. It offers a range of occupational health services, including physical therapy, injury care, drug screenings, pre-placement services, and urgent care services through its medical centers. The company also operates workplace health clinics that provide a range of health and wellness services, such as athletic training programs, health screenings, vaccinations, medical advisory services, and more. In addition, it provides a range of health advisory services to employers. Concentra, Inc. has a strategic partnership with Viverae. The company was ...
5080 Spectrum Drive
Suite 1200 West
Addison, TX 75001
Founded in 1979
Key Executives for Concentra, Inc.
Chief Executive Officer and President
Chief Information Officer and Senior Vice President
Chief Marketing & Sales Officer and Executive Vice President
Chief Medical Officer and Executive Vice President
Compensation as of Fiscal Year 2016.
Concentra, Inc. Key Developments
Concentra, Inc. Announces Unaudited Earnings Results for the Fourth Quarter and Year Ended Dec. 31, 2015
Feb 25 16
Concentra, Inc. announced unaudited earnings results for the fourth quarter and year ended Dec. 31, 2015. For the fourth quarter ended December 31, 2015, net operating revenues for the Concentra segment were $239.4 million. Adjusted EBITDA for the Concentra segment was $11.5 million for the fourth quarter ended December 31, 2015. The Adjusted EBITDA margin for the Concentra segment was 4.8% for the fourth quarter ended December 31, 2015. Concentra's net operating revenues, Adjusted EBITDA and Adjusted EBITDA margin for the third quarter ended September 30, 2015 were $259.0 million, $25.6 million and 9.9% respectively. The reduction in Adjusted EBITDA and Adjusted EBITDA margin is attributable to a seasonal reduction in the business that occurs in the fourth quarter and additional costs incurred related to integration activities.
For the year ended December 31, 2015, net operating revenues were $585.2 million. Adjusted EBITDA was $48.3 million for the year ended December 31, 2015. The Adjusted EBITDA margin for the Concentra segment was 8.3% for the year ended December 31, 2015.
Concentra, Inc. Announces Revenue Results for the Year Ended December 31, 2014; Reiterates Earnings Guidance for 2015
Mar 23 15
Concentra, Inc. announced revenue results for the year ended December 31, 2014. For the year, the company reported revenues of about $1.0 billion.
The company reiterated its outlook for 2015 earnings of $8.50 to $9.00 per share.
Humana Hired Goldman Sachs For Sale Of Concentra
Oct 22 14
Humana Inc. (NYSE:HUM) is exploring a sale of Concentra, Inc. in a deal that could value it at around $1 billion. Humana hired Goldman Sachs Group Inc (NYSE:GS) to advise on the sale process, the people said on declining to be named because the matter is not public. Humana and Goldman Sachs declined to comment.
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